Address: 810 Lincoln PlaceOrange City
City:
State: IA
ZIP: 51041
Rooms #: 34
Additional Features:
Mumford Company has arranged the sale of the Super 8 of Orange City, Iowa on behalf of MW Hart, Inc. The hotel was sold for an undisclosed price and will remain a Super 8 Motel. According to Lance Potter, Vice President in Mumford’s Chicago office who represented MW Hart, “the hotel represented an excellent value in a pleasant Iowa town about 45 northeast of Sioux City. The high quality of life and conducive business environment attracted a well qualified buyer.” The buyer recently relocated to the area from Florida, where he owned and operated another property.
Demand generators for the property include the new Orange City Area Health System Hospital and Northwestern College, as well as the community’s Dutch themed tourist attractions and annual Tulip Festival that attracts over 150,000 visitors. The property recently installed new signage and a new Property Management System
With over 30 years of experience in Hotel Brokerage, Mumford Company’s commitment to results-oriented customer service has yielded outstanding client results year after year. As a specialist in mid-market assets, Mumford Company has structured the sale of hundreds of hotels in the past five years alone, representing a wide array of owners and investors. For more information call (757) 873-0962.